Daily Archives: March 5, 2015

Tbilisi, TBC Bank Headquarters – On March 5th, 2015 TBC Bank, Entrepreneurship Development Agency (Enterprise Georgia) and IFC, a member of the World Bank Group signed a Memorandum of Understanding aimed at supporting smaller businesses in Georgia. Vakhtang Butskhrikidze, TBC Bank’s CEO, George Tsikolia, CEO of the Entrepreneurship Development Agency and …

A very popular travel blog (The family without borders) decided to write about plenty of activities,visitors could do at Georgian Ski resort Gudauri, rather than skiing! Result is wonderful. Are ski holidays only for skiing people? Nope! Are places like Gudauri in Georgia only for skiing? Nope! Even if some …

“Rosneft” has acquired 49% of the oil trading company Petrocas Energy Limited from businessman David Iakobashvili for $ 144 million, payment occurred in January, the report of “Rosneft” under IFRS for 2014 says. At the end of December 2014 “Rosneft” signed the final documents for the acquisition of 49% stake …

Restoration of direct air links between Georgia and Iran can get back on the agenda – it all depends on how actively the Iranians will arrive in Tbilisi since March 21, when the country begins to celebrate the New Year holidays. However, it is possible that the problem with the …

Your long-term success depends on winning the attention of others. If your boss doesn’t notice your work, how will you get a promotion? If your team doesn’t listen to you, how can you lead effectively? And if you can’t capture the attention of clients, how does your business or career …

Microfinance organizations (MFOs) received GEL 8.9 million in revenue in the fourth quarter of 2014 from buying and selling foreign currency that is 2.2 –fold more compared with 2013. Lasha Nikolaishvili, “Rico credit” founder, said in late February that due to the lari’s depreciation , the financial institutions received the …

Food prices have increased in Georgia, the information-analytical portal Georgia Online said March 4. The cost of almost all types of food increases in grocery stores of the country, according to information. Over the last month, the price of vegetable oil rose in average by 50 tetri. ($1 = 2.14 …

The government of Georgia and the central bank should cooperate – Mark Griffiths, head of the IMF mission, said at a press conference “Amid solid economic foundation, reform-minded government and the EU Association Agreement, Georgia has good preconditions to overcome the current challenges”- Mark Griffiths said. Praising government for keeping …

Tbilisi City Hall doesn’t intend to carry out the “second level” transport concept at the stage and will use traditional methods to unload roads in the city. Soso Tsabadze ,”SkyWay” representative in Georgia, told “Commersant” . The idea of the “second level” public transport belongs to SkyWay. According to Soso …